1608 Alger AveCodyWY82414
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Cody at 1608 Alger Ave, Cody, WY, 82414 listed at $489,000 pairs $2,910/mo rent with a $2,393/mo payment to leave $130/mo cash flow. Total monthly income runs $2,910/mo, and annual cash flow reaches $1,558/yr on $162,104 cash to close. Return on cash invested measures 20.87% in year one, and rental yield registers 7.14% at a $489,000 basis. Equity gained on principal adds $3,155/yr, and annual property appreciation at 5% supports $135,102 by year five. Five-year ROI tracks 107.32% and total cumulative return in cash totals $173,974. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,910/mo property income relative to a $2,393/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1917
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 82414, Cody, WY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,759 (100%) |
| Owner Occupied HU | 5,425 (61.9%) |
| Renter Occupied HU | 2,155 (24.6%) |
| Vacant Housing Units | 1,179 (13.5%) |
| Median Home Value | $400,686 |
| Average Home Value | $477,855 |
Housing Distribution
Address Breakdown
Residential
7,395
Single Family
7,299
Multi-Family
96
Businesses
1,103
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